What Does a 2020 Toyota Corolla Cost? The average asking price of a 2020 Toyota Corolla, according to listings, is $22,589. Prices range from $21,727 to $26,879 and depend on the location, features, mileage, and condition of the car.
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A Toyota Corolla will depreciate 21% after 5 years and have a 5 year resale value of $19,177.
Surprisingly, the Toyota Corolla outperforms its larger relative, the Camry, when it comes to maintaining value. The Corolla performs in the top 20 in years 5 and 7, while the Camry performs in the middle of the pack in terms of value retention. This demonstrates that the Corolla offers fantastic value, whether it is new or used, and that it is a great inexpensive car for those on a budget that will be light on your wallet or purse, regardless of how old it is.
The anticipated depreciation over the following ten years is shown in the figure below. These outcomes apply to cars that travel 12,000 miles annually on average and are in good condition. Additionally, it counts on a new-car selling price of $24,275. Enter the purchase price, anticipated length of ownership, and yearly mileage estimate. We can estimate the Toyota Corolla’s projected resale value using our depreciation calculator.
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What 2020 Toyota Corolla is the least expensive?
The base price of the 2020 Toyota Corolla sedan is merely $19,600. The 2020 Corolla XSE would cost $25,550 with the highest trim level. The base price of the 2020 Corolla Hatchback is $20,290, and the base price of the 2020 Corolla Hybrid LE is $23,100.
What should I expect to pay for a new Corolla?
What Is the Price of a Toyota Corolla? The starting price of the 2022 Toyota Corolla is $20,075, which is approximately typical for the compact car segment. The top-of-the-line Corolla XSE Apex Edition costs $28,360. For fantastic savings at your neighborhood Toyota dealer, check out our U.S. News Best Price Program.
Is the Corolla LE or SE better?
The Corolla LE Hybrid starts with the features of the LE and adds more potent LED headlights, a proximity key with push-button start, and 15-inch alloy wheels, splitting the difference between the LE and XLE in terms of equipment. The powertrain is a gas-electric hybrid engine adapted from the Toyota Prius, as the name suggests. The battery doesn’t obstruct the inside or trunk space, which is a wonderful feature. Despite having less power (121 hp), the Corolla LE Hybrid achieves a fantastic 53/52 mpg city/highway. The nearly $3,000 premium over the standard model is a wise investment for those who are concerned about their carbon footprint.
The Corolla Hybrid has a Premium Interior kit that is brand-new for 2022. For $1,525 more, it includes leatherette interior trim, heated front seats, power lumbar adjustment for the driver’s seat, and a leather-wrapped steering wheel.
What distinguishes the Corolla LE from the SE?
Rearview cameras, 12V auxiliary power outlets, USB ports, and steering wheel-mounted controls for radio, Bluetooth, phone, dashboard, and cruise are all standard equipment on all Toyota Corolla grades. Additionally, the Star Safety SystemTM suite of passive safety features, which includes stability control, and the Toyota Safety SenseTM P suite of active safety features, which includes automated emergency braking, are also standard. Here are some distinctions you should be aware of:
- While the SE comes equipped with a particular Sport driving mode, the LE Eco is also available with a special ECO driving mode.
- While all other trims offer automatic climate control, only the LE features standard air conditioning.
- Remote keyless entry is standard on the LE, LE Eco, and SE, while push button start is an option on the SE.
- While a 6.1-in. infotainment touchscreen is standard on all four trims, a high-definition 7.0-in. touchscreen with Scout GPS Link is available on the LE, LE Eco, and SE.
- The SE sports a 4.2-in. color display screen in place of the standard 3.5-in. monochrome driver information display seen in most Corolla grades.
Which Toyota Corolla model year is the best?
Every used Toyota Corolla produced between 2014 and 2019 comes highly recommended by Consumer Reports. With the exception of the 2019 Toyota Corolla models, which nonetheless achieved a high score of 4/5, all obtained reliability ratings of 5/5. The overall owner satisfaction score was 3/5.
The Corolla underwent yet another redesign in 2014, which was a significant year for the vehicle. Additionally, it achieved 32 mpg overall with the aid of the continuously variable transmission (CVT).
There are simple controls inside, and some models come with a touchscreen infotainment system. The LE and higher models come standard with automatic temperature control. Automatic emergency braking and forward collision warning were included as standard safety features in 2017 vehicles.
Which Toyota model is the best to purchase?
The Top 7 Toyota Vehicles, Per US News & World Report
- Avalon (2017) Any family will be satisfied by the Avalon’s room, efficiency, and power.
- Camry (2018)
- Highlander (2017)
- Prius (2017)
- 86 (2017)
- Sienna (2017)
- Prime Prius (2017)
What is the Corolla’s mileage range?
Drivers who adhere to the suggested maintenance schedule may expect their new Toyota Corolla to last up to 10 years or 300,000 miles or more, whether they own it outright or are leasing one.
How much should I spend on a 2020 Corolla LE?
With over 46 million vehicles sold since its introduction in 1966, the Toyota Corolla has enjoyed an extraordinary run of success. For the 2020 model year, the famous small car underwent a pleasant overhaul with dynamic new style, a new hybrid option, and a plethora of new functions. To learn the price of the 2020 Toyota Corolla, continue reading.
Toyota Corolla Trims and Pricing
Six grades are available for the 2020 Corolla with a gasoline engine (L, LE, SE CVT, SE MT, XLE, and XSE). The Corolla L grade has a starting price of $19,500 MSRP, and the top-of-the-line Corolla XSE grade has a price of $25,450 MSRP. Only one trim (LE HV) of the 2020 Corolla Hybrid is available, and it costs $22,950 MSRP.
What’s new for the 2020 Toyota Corolla?
The 2020 Toyota Corolla uses the Toyota New Global Architecture (TNGA) platform, which gives it a more dynamic and sportier appearance in addition to the new hybrid option. With its Toyota Safety Sense 2.0 suite of driving aids, which includes the Pre-Collision System, Lane Departure Alert, Lane Tracing Assist, Dynamic Radar Cruise Control, Automatic Exceptional Beams, Brake Hold, Blind Spot Monitor, and Road Sign Assist, the 2020 Corolla offers high levels of safety. Additionally, the brand-new Corolla provides multimedia/connectivity features including SiriusXM Radio, Wi-Fi Connect, Apple CarPlay, and Alexa.
What new Toyota is the cheapest?
Previously, as AutoGuide said, the Yaris sedan was Toyota’s most affordable new vehicle. Toyota, however, said that starting with the 2021 model, the whole Yaris range would be retired. The ever-popular Corolla is now Toyota’s least expensive vehicle, with prices for the 2022 model starting at $20,075 as a result of this adjustment.
The Toyota Corolla has been one of the best-selling cars in the world for 12 generations, according to Kelley Blue Book. It’s not just a budget-friendly option, but also a secure one. The Corolla also has tremendous resale value and is simple to maintain. The Corolla is available in a variety of configurations to best meet your needs. Just keep in mind that the 2022 Corolla L car is the least expensive version and that pricing for these various choices vary.
Excellent performance and safety features come standard on the Corolla L. A 1.8-liter four-cylinder engine with 139 horsepower and 126 lb-ft of torque powers the vehicle. The vehicle boasts a seven-inch media touchscreen that supports Android Auto and Apple CarPlay inside, LED headlights and accent lighting outside, a built-in backup camera, and other features. 10 airbags and Toyota Safety Sense 2.0, which provides a variety of driver assistance functions like lane departure alert, automatic high lights, and pre-collision pedestrian recognition, are among the other safety features listed by Toyota.
SE vs. LE: Which is better?
The SE trim has sport SofTex-trimmed front seats, while the LE trim has fabric-trimmed front seats. Steering wheel: The LE has a three-spoke tilt/telescopic steering wheel. With a tilt/telescopic three-spoke sport steering wheel with leather upholstery, the SE slightly improves on this feature.